SteemDollars (SBD) Early Breakout - 150% Profits Potential
Updated
SteemDollars (SBD) - available on Bittrex, HitBTC and Poloneix, has been going down for quite a while now, since early December, and has the potential for a strong "leg up".
You know I am always saying that coins need at least 2-4 months of consolidation before doing anything "significant" once a top is reached. Well, SBD has been retracing for 3+ months.
It has been holding a very strong support line, and with the markets acting stable lately, it is showing tendencies of a move up.
There is an early breakout on the short term charts, and the RSI jumped twice from oversold on the 4h chart, and it is sitting near oversold on the daily chart. Which means that sellers are exhausted and that there is plenty of room available for growth.
Positive divergence on the MACD is also a very, very strong signal. You can find this one on the 4 hours chart.
Note: At the top you have the 4 hours chart, bottom the 1 hour chart, for your entertainment.
These are just some of the details, but the charts are full of all sort of "potential trend reversal" signals.
So let's take a closer look at the instructions, and... Let's Trade!!!
### TRADE INSTRUCTIONS
Buy-in: 0.00031 - 0.00037
Targets:
(1) 0.000422
(2) 0.000492
(3) 0.000542
(4) 0.000612
(5) 0.000792
Note: These "targets" are resistance levels, these are not all meant to be reached. Just aim to buy in and get out in profits. I am aiming for 30-50% potential profits, what you decide is up to you.
Stop loss: 0.000292
If the price starts going down and you don't want to wait for the next push up, you can simply quit your hand at this level above.
### MESSAGE: For Joy
Being joy can be achieved through happiness and self love.
It is all about being, joy can get you everything that you want.
To be joyful and enjoy love can be similar in many ways.
Accept all those around you, and learn to think what you have to say.
I am sharing this message, for joy, for YOU, to enjoy yourself today.
I am wishing you the best always, because I know that you are special, I truly know that you are great.
So regardless of what is happening in your life right now, just remember...
That you DESERVE THE BEST!
Namaste.
(P.S. This is an exclusive trade... Enjoy your profits all the way)
You know I am always saying that coins need at least 2-4 months of consolidation before doing anything "significant" once a top is reached. Well, SBD has been retracing for 3+ months.
It has been holding a very strong support line, and with the markets acting stable lately, it is showing tendencies of a move up.
There is an early breakout on the short term charts, and the RSI jumped twice from oversold on the 4h chart, and it is sitting near oversold on the daily chart. Which means that sellers are exhausted and that there is plenty of room available for growth.
Positive divergence on the MACD is also a very, very strong signal. You can find this one on the 4 hours chart.
Note: At the top you have the 4 hours chart, bottom the 1 hour chart, for your entertainment.
These are just some of the details, but the charts are full of all sort of "potential trend reversal" signals.
So let's take a closer look at the instructions, and... Let's Trade!!!
### TRADE INSTRUCTIONS
Buy-in: 0.00031 - 0.00037
Targets:
(1) 0.000422
(2) 0.000492
(3) 0.000542
(4) 0.000612
(5) 0.000792
Note: These "targets" are resistance levels, these are not all meant to be reached. Just aim to buy in and get out in profits. I am aiming for 30-50% potential profits, what you decide is up to you.
Stop loss: 0.000292
If the price starts going down and you don't want to wait for the next push up, you can simply quit your hand at this level above.
### MESSAGE: For Joy
Being joy can be achieved through happiness and self love.
It is all about being, joy can get you everything that you want.
To be joyful and enjoy love can be similar in many ways.
Accept all those around you, and learn to think what you have to say.
I am sharing this message, for joy, for YOU, to enjoy yourself today.
I am wishing you the best always, because I know that you are special, I truly know that you are great.
So regardless of what is happening in your life right now, just remember...
That you DESERVE THE BEST!
Namaste.
(P.S. This is an exclusive trade... Enjoy your profits all the way)
Note
Let me give you a closer look since the charts above are too close to each other:1 hour chart:
4 hours chart (indicators turning bullish, RSI bouncing twice from oversold and positive divergence on the MACD:
Daily chart early signals (RSI near bottom and curving, support and trend lines):
Note
We have a very, very tight stop loss, since the support level for SBD is very strong. So please make sure to keep it active. The risk is minimum for this trade.For now, please allow time for this trade to develop.
Trade closed: stop reached
You can hold this coin and wait for your 100%+ profits, or you can close if you didn't have an active stop loss.Since our stop loss was hit. This trade is now closed. (Only about 7% loss, not big in cryptos, this is nothing).
Note
If you continued on this trade, or you are trading SteemDollars (SBD), you can always use the targets below to sell for profits.Targets:
(1) 0.000422 * Target reached *
(2) 0.000492 * Target reached @ 0.000467 3-March-18 *
(3) 0.000542
(4) 0.000612
(5) 0.000792
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